Chelsea part-owners Clearlake Capital have made a fresh business move that has had a massive impact on the stock market.
Having pumped over £600m into the club for transfers alone since May 2022 as well as the initial £4.25bn commitment, the private equity firm have been far from shy of spending since taking over. With Behdad Eghbali and Jose Feliciano - both founders of the company in 2006 - now working closely with Todd Boehly they are a company to keep an eye on.
The latest move from the USA-based organisation is to make an offer for cloud-computing provider Blackbaud. Clearlake already has an 18.3% stake in the software company and only recently took steps to ensuring that no other shareholder could acquire more than 20%.
